Lloyds Metals And Energy Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Lloyds Metals and Energy has announced a board meeting on key renewable energy investments to cut energy costs. It’s set to acquire at least 26% in two captive power projects: an 8.4 MW wind plant for up to Rs. 10 Cr and a 19.8 MW solar plant for up to Rs. 12 Cr. The company will also invest up to Rs. 27 Cr more in its joint venture HR Godavari with Hinduja Renewables and provide a corporate guarantee of up to USD 30 million for its new subsidiary’s credit facility, supporting its green energy push.